U.S. Finds Vietnam Manipulated Currency

The Treasury Division has decided that Vietnam depressed its currency in 2019, a getting that will open up the doorway to tariffs on tires from Vietnam and present the very first exam case of a Trump administration initiative to tariff countries for alleged currency manipulation.

The Treasury’s willpower, revealed late on Monday, marks the very first case the division has weighed in since new rules took impact in April allowing for currency-centered tariffs.

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